Trump-Backed World Liberty Financial Goes Live with USD1 Airdrop Test!

Holy crypto buzz, folks! World Liberty Financial, with a nod from none other than Donald Trump, just smashed through a proposal to kick off a live test of their on-chain airdrop feature. They're splashing out a 'small amount' of their USD1 stablecoin to every eligible WLFI token holder. And get this – the vote passed with a mind-blowing 99.96% approval rate. That's right, the crypto community is all in on this!

On May 14, the advisory proposal that greenlit this wild ride through the world of airdrops was officially passed. With a whopping 12,000 votes, the thumbs-up from the governance vote was nearly unanimous. This isn't just a test; it's a statement!

The details are a bit hazy, no specific date for the airdrop yet, but we're getting the juicy bits. Hold onto your hats, WLFI token holders, because you're in for a fixed amount of USD1. But hold up – the exact figure's still up in the air, hinging on how many wallets are in the game and the cash they've got set aside for this party.

Now, don't think you can just sit back and collect. There's gonna be some hoops to jump through, eligibility requirements and all that jazz. And even with the airdrop getting the green light, World Liberty Financial, Inc. could pull the plug or switch things up at any moment. So keep your eyes peeled!

So why the big fuss about this airdrop test? It's all about making sure their smart contracts aren't just code but rock-solid fortresses. They're also tossing a bone to their loyal holders, especially those early birds who've been riding with them from the get-go.

And hey, this isn't just about handing out free money. It's a full-throttle push to get their homegrown USD1 stablecoin out there and circulating like wildfire before they crank things up to eleven with a wider rollout.

What is USD1?

USD1 is the beast of a stablecoin from World Liberty Financial Inc. It's not playing around, backed by U.S. Treasuries, cold hard cash, and other dollar-based goodies. BitGo's keeping it safe as the official custodian. And since its wild launch in April 2025, it's been on a tear, with trading volume shooting up over 6,700% and hitting peaks at $140 million. Talk about a monster!

Right now, USD1's market cap is flexing at over $2.1 billion, with a cool 2.1 billion tokens floating around in the wild.

Get this, at Token2049 on May 1, co-founder Zach Witkoff dropped the bomb that USD1 was chosen as the go-to stablecoin for MGX's massive $2 billion splash into Binance. That's the biggest stablecoin deal we've ever seen, people!

But Witkoff didn't stop there. He also announced that USD1 is strapping in for a ride on the Tron (TRX) blockchain. After starting out on Ethereum (ETH) and Binance Smart Chain (BNB), it's ready to conquer new territories!